Chemicals maker DuPont has shortlisted four potential buyers for its car paint business after evaluating revised offers received on April 30, according to Reuters. The consortium of Blackstone Group and Bain Capital, the KKR & Co.-Onex Corp. pair, Carlyle Group, and Apollo Global Management have advanced to the next round as DuPont seeks to negotiate […]
Baird Capital Partners Europe has acquired the instrumentation solutions business of e2v technologies plc in a 15 million pound ($23.9 million) deal, the firm announced Wednesday. The acquired business will be re-named SGX Sensortech Ltd. PRESS RELEASE Baird Capital Partners Europe (“Baird”), the UK-based lower middle market private equity investor, announced today that it is […]
Women’s apparel retailer Talbots Inc. and Sycamore Partners extended the exclusivity period for the private equity firm’s non-binding $214.6 million takeover offer, Reuters wrote Wednesday. Talbots had entered into an exclusivity agreement with Sycamore on May 5 which was due to expire on May 15. This deadline has now been extended to May 22. (Reuters) […]
Berlin Packaging, a Chicago-based container and closures supplier has acquired Lerman Container of Naugatuck, Conn., for an undisclosed amount. Berlin Packaging, which is majority owned by Investcorp, an alternative investment management firm. Lerman marks the company’s third strategic acquisition since 2010, when it acquired Pittsburgh-based All-Pak and Chicago-based Continental Packaging Solutions. PRESS RELEASE: Berlin Packaging, a leading […]
Cameco, Canada’s top uranium miner, will pay $136 million to buy nuclear fuel broker Nukem Energy GmbH from private equity firm Advent International. Cameco is based in Saskatoon, Saskatchewan. PRESS RELEASE: Cameco (TSX:CCO) (NYSE:CCJ) announced today it has signed an agreement with Advent International to purchase NUKEM Energy GmbH (NUKEM), one of the world’s leading […]
Underlying Facebook's latest deal spree is the company transitioning its revenue expectations to mobile users.
Private equity execs have grown more positive about deals and the credit markets, according to a survey.
Part of a new breed of mega sector firms, Vista Equity Partners, a San Francisco-based technology buyout firm, closed its latest fund, Vista Equity Partners Fund IV LP, having raised $3.5 billion, the firm announced. The amount was $1 billion more than the fund’s initial $2.5 billion target, which Vista attributed to “exceptional LP demand.” […]
Private equity firms see a buying opportunity as United Technologies tries to fund its biggest-ever deal with a little M&A.
The Resolute Fund II, L.P., an affiliate of The Jordan Company, has acquired VT Services Inc. from Babcock International Group. Terms of the deal were not released. VT Services is a provider of engineering and logistics services for U.S. Department of Defense customers. PRESS RELEASE The Resolute Fund II, L.P., an affiliate of The Jordan […]